Halloween Rock And Roll Graveyard
October saw a sharp decline in sales year over year with 14 closed transactions vs 25 last year. The average selling price came in at $423,357 was $36,351 higher than last year’s average and amounted to a 9.4% increase. Sales this month consisted of 8 singles, 3 townhouses, 2 twins, and 1 condo.
Eight single family homes sold in October with an average price of $527,375 – a slight increase in price of just under 1% compared to last year – and averaged 15 days on the market, with 5 singles selling in 7 days or less.
113 Avonbrook Road had the highest selling price for the month at $699,000.
After 10 months of the year the number of closed transactions stands at 190 vs 197 for the same time period last year. The average selling price for the first 10 months of this year stands at $434,913 vs $415,732 last year, which represents a 4.6% increase.
Thirteen listings went under contract during the month – 6 single family homes, 3 townhomes, 3 condos, and 1 twin with an average asking price of $348,115 and an average of 26 Days On Market.
There are 26 settlements scheduled with 20 in November, 5 in December, and 1 in January 2023.
| ADDRESS | TYPE | BED | BATH | PRICE | SETTLED | DOM* |
|---|---|---|---|---|---|---|
| 305 Henry Lane | SNG | 4 | 2.0 | $609,000 | 10/03/22 | 5 |
| 214 Hillsboro Mills Lane | TOWN | 4 | 3.1 | $500,000 | 10/04/22 | 5 |
| 113 Avonbrook Road | SNG | 3 | 2.1 | $800,000 | 10/05/22 | 2 |
| 1078 Putnam Blvd | TOWN | 2 | 2.1 | $235,500 | 10/14/22 | 3 |
| 108 Canterbury Drive | SNG | 4 | 4.1 | $650,000 | 10/14/22 | 5 |
| 107 Ronaldson Street | TWIN | 3 | 1.0 | $340,000 | 10/14/22 | 48 |
| 211 Martroy Lane | TWIN | 3 | 1.0 | $660,000 | 10/14/22 | 48 |
| 700 Raleigh Court | TOWN | 3 | 1.0 | $170,000 | 10/17/22 | 25 |
| 111 Harvey Road | SNG | 3 | 2.0 | $425,000 | 10/18/22 | 2 |
| 216 Emerald Lane | TWIN | 3 | 1.0 | $200,000 | 10/26/22 | 5 |
| 1014 S Providence Road | SNG | 3 | 2.1 | $315,000 | 10/26/22 | 21 |
| 700 Avondale Road PH10 | CONDO | 2 | 2.0 | $250,000 | 10/27/22 | 16 |
| 711 Washington Avenue | SNG | 3 | 1.1 | $400,000 | 10/28/22 | 6 |
| 222 Moore Road | SNG | 3 | 1.1 | $495,000 | 10/28/22 | 32 |
| AVERAGE | $423,357 | 16 |
1 of 14 transactions settled with a Seller Assist:
– 111 Harvey Road – $8,000
Financing Methods
– Cash – 8 transactions
– Conventional Mortgage – 6 transactions
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $527,375 | $517,000 | $280,000 | $800,000 | 15 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $250,000 | $250,000 | $250,000 | $250,000 | 16 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $276,250 | $276,250 | $212,500 | $340,000 | 27 |
| Avg Price | Median Price | Low | High | DOM* |
|---|---|---|---|---|
| $301,833 | $235,500 | $170,000 | $500,000 | 11 |
| SALES | AVERAGE | DOM* | % ORIG LIST | % LAST LIST | |
|---|---|---|---|---|---|
| 2021 | 25 | $387,006 | 19 | 101.9% | 101.6% |
| 2022 | 14 | $423,357 | 16 | 100.1% | 102.0% |
| -56.0% | 9.4% | -15.8% | -1.8% | 0.4% |
Wallingford PA Real Estate – Wallingford, PA 19086
